Standard Life | 7 amazing facts about Ideal Segregated Funds Signature 2.0
Take a look at some of the features your clients can enjoy.
1. Choice, and lots of it
Guarantee levels – Series Maturity Date1 – funds that reflect their investment style – Platinum Option for high net worth clients.
2. Worth-a-second-look Payout Benefit Guarantee
Offers strong protection in down markets for registered retirement income plans. Ensures that clients get, as income, at least the money they invested (or a portion, depending on the series they choose). When combined with Standard Life’s dollar-for-dollar guarantee reductions for scheduled retirement income payments, this guarantee offers superior protection in down markets.
3. Potential to protect more money
When clients add money, it is eligible for guaranteed protection on maturity, payout or on death at the same time as their initial premium. What’s more, clients can allocate premiums beyond age 80 at the same date of maturity, payout, or Death Benefit Guarantee as the original investment.
4. For clients over age 80
Death Benefit Guarantee is 75% if annuitant is age 80 or over when the first premium is paid to the series. The Death Benefit Guarantee is 75% for Ideal 75/75 Series.
5. Ideal 100/100 Series
One of the few products that remain with a 100% Maturity and Death Benefit Guarantee.
6. What you see is what you get
All management fees and insurance fees are included in the MER, so the performance posted is what your clients get – no surprises.
7. Get all kinds of resources – not just financial
Each Ideal Segregated Funds Signature 2.0 contract comes with Sigma Assistel – a 24/7 toll-free resource line that can offer help on everything from legal matters to home repairs.
1 Choice of maturity date applies only to Ideal 75/100 and Ideal 100/100 Series. For Ideal 75/75 Series, the Series Maturity Date for non-registered savings plans and TFSAs is the annuitant’s 100th birthday. For registered savings plans, it will be December 31st of the year in which the annuitant reaches the legislative age limit for maturing registered savings plans.